Overview

Little Napoleons and Dummy Directors: Being the Narrative of the Bank of United States tells the spectacular story of a major New York bank and its dramatic crash in 1931. Based on the revelations of the ensuing investigationand trial, the author explains the bank's origin in 1913 as a modest, safe institution with a reputation for integrity whose character changed rapidly after the death of the bank's founder in 1928 and takeover by his son. Thestory of the bank then careens into a frenzy of expansion and reckless speculation ending with the bank's shocking decision to close its doors.

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9781594160950

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Reviews

Werner's account of the fall of the Bank of the United States is as relevant today as it was over 70 years ago. This crisis is strikingly similar to the one today and the book should be required reading for everyone interested in preventing problems in the future. -Charles Geisst, author of Wall Street: A History

Author Information

Morris Robert Werner (1897-1981) was a successful writer and biographer.

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